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Well, the rules also stated that the ECB couldn't buy government bonds and now that's the norm. Central banks, and some banks, have a political side in it whic
by tumetab1 8y ago
Well, the rules also stated that the ECB couldn't buy government bonds and now that's the norm.
Central banks, and some banks, have a political side in it which deals badly with rules. And off course, banks and political institutions are always filled with corruption so just looking at rules text doesn't say much about what is really condemned or not.